For Release at
4:30 P.M. Eastern time
April 3, 2008
The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of
Depository Institutions and Condition Statement of Federal Reserve Banks," has
been modified to include a separate line for securities lending conducted under
the Term Securities Lending Facility (TSLF), which was announced on March 11,
2008. The first TSLF auction was held on March 27, 2008, with settlement the
following day.
Under the Term Securities Lending Facility, the Federal Reserve lends U.S.
Treasury securities to primary dealers through an auction process. Each loan
has a term of 28 days and is secured by other U.S. Treasury securities, federal
agency securities, or highly rated non-agency mortgage-backed securities.
Unlike sales of securities, securities loans under the TSLF do not affect
reserve balances because primary dealers provide other securities as collateral
rather than paying for the securities with cash.
For additional details on the TSLF program, please refer to the Board's
announcement at
http://www.federalreserve.gov/newsevents/press/monetary/20080311a.htm or the
information on the Federal Reserve Bank of New York's website at
http://www.newyorkfed.org/markets/tslf.html.
FEDERAL RESERVE statistical release

1. Includes securities lent to dealers under the overnight and term securities lending facilities. 2. Face value of the securities. 3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Estimated. 6. Cash value of agreements, which are collateralized by U.S. Treasury securities.7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.8. Fully collateralized by U.S. Treasury securities.9. Fully collateralized by U.S. Treasury securities, federal agency securities, and highly rated non-agency mortgage-backed securities.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

2. Consolidated Statement of Condition of All Federal Reserve BanksMillions of dollars

Assets, liabilities, and capital

Eliminationsfromconsolidation

Change since

Wednesday Apr 2, 2008

Wednesday Mar 26, 2008

Wednesday Apr 4, 2007

Assets

Gold certificate account

11,037

0

0

Special drawing rights certificate account

2,200

0

0

Coin

1,340

+ 19

+ 401

Securities, repurchase agreements, term auction

credit, and other loans

802,036

- 34,627

- 6,922

Securities held outright

581,240

- 31,065

- 199,686

U.S. Treasury (1)

581,240

- 31,065

- 199,686

Bills (2)

92,985

- 21,106

- 184,034

Notes and bonds, nominal (2)

445,050

- 10,002

- 23,503

Notes and bonds, inflation-indexed (2)

38,437

0

+ 6,661

Inflation compensation (3)

4,769

+ 43

+ 1,191

Federal agency (2)

0

0

0

Repurchase agreements (4)

76,000

- 30,750

+ 48,000

Term auction credit

100,000

+ 20,000

+ 100,000

Other loans

44,796

+ 7,189

+ 44,764

Items in process of collection

(590)

4,733

+ 3,948

+ 1,223

Bank premises

2,145

+ 2

+ 159

Other assets (5)

61,911

+ 20,292

+ 24,356

Total assets

(590)

885,401

- 10,367

+ 19,216

Liabilities

Federal Reserve notes, net of FR Bank holdings

779,560

- 1,072

+ 7,780

Reverse repurchase agreements (6)

41,061

+ 239

+ 5,586

Deposits

(0)

17,840

- 9,171

+ 1,683

Depository institutions

11,417

- 10,150

+ 684

U.S. Treasury, general account

6,013

+ 1,069

+ 1,040

Foreign official

98

- 141

- 33

Other

(0)

312

+ 51

- 7

Deferred availability cash items

(590)

3,260

+ 602

- 1,242

Other liabilities and accrued dividends (7)

3,734

- 99

- 2,149

Total liabilities

(590)

845,455

- 9,500

+ 11,658

Capital Accounts

Capital paid in

19,548

+ 2

+ 3,701

Surplus

18,471

+ 13

+ 3,110

Other capital accounts

1,927

- 881

+ 747

Total capital

39,946

- 866

+ 7,558

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1, footnotes 8 and 9.2. Face value of the securities.3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 6. Cash value of agreements, which are collateralized by U.S. Treasury securities.7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

3. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, April 2, 2008Millions of dollars

U.S. Treasury securities (1)

Remaining maturity

Term auction credit

Other loans

Holdings

Weekly changes

Repurchase agreements (2)

Reverse repurchase agreements (2)

Within 15 days

50,000

39,999

30,277

- 9,554

61,000

41,061

16 days to 90 days

50,000

4,797

61,816

- 11,248

15,000

0

91 days to 1 year

---

0

99,009

- 2,213

---

---

Over 1 to 5 years

---

---

206,888

- 8,077

---

---

Over 5 to 10 years

---

---

88,986

+ 9

---

---

Over 10 years

---

---

94,263

+ 17

---

---

All

100,000

44,796

581,240

- 31,065

76,000

41,061

Note: Components may not sum to totals because of rounding.--- Not applicable.

1. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 2. Cash value of agreements.

4. Statement of Condition of Each Federal Reserve Bank on April 2, 2008Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Assets

Gold certificate account

11,037

449

4,053

455

428

869

1,117

903

326

203

335

613

1,286

Special drawing rights certificate acct.

2,200

115

874

83

104

147

166

212

71

30

66

98

234

Coin

1,340

46

67

101

124

162

150

160

55

61

85

142

188

Securities, repurchase agreements, term

auction credit, and other loans

802,036

31,290

355,655

29,117

31,930

60,805

65,952

56,835

23,076

16,197

21,359

30,077

79,743

Securities held outright

581,240

26,787

210,465

25,714

23,786

50,360

53,909

48,753

18,577

11,597

18,815

25,538

66,939

U.S. Treasury (1)

581,240

26,787

210,465

25,714

23,786

50,360

53,909

48,753

18,577

11,597

18,815

25,538

66,939

Bills (2)

92,985

4,285

33,669

4,114

3,805

8,056

8,624

7,799

2,972

1,855

3,010

4,085

10,709

Notes and bonds (3)

488,255

22,502

176,796

21,601

19,981

42,303

45,285

40,953

15,605

9,742

15,805

21,452

56,230

Federal agency (2)

0

0

0

0

0

0

0

0

0

0

0

0

0

Repurchase agreements (4)

76,000

3,503

27,519

3,362

3,110

6,585

7,049

6,375

2,429

1,516

2,460

3,339

8,753

Term auction credit

100,000

1,000

73,443

0

5,034

3,860

4,995

1,480

2,069

3,082

80

1,200

3,759

Other loans

44,796

1

44,228

41

0

0

0

228

1

1

4

0

293

Items in process of collection

5,323

66

0

360

257

75

74

120

3,268

238

353

144

368

Bank premises

2,145

119

213

64

152

189

228

208

119

112

277

255

208

Other assets (5)

61,911

3,285

17,935

5,197

3,850

13,814

4,915

3,232

936

1,195

980

1,559

5,013

Interdistrict settlement account

0

+ 2,062

-62,613

+ 4,892

- 45

+ 4,580

+17,000

+16,261

+ 2,141

+ 324

+ 8,147

+ 1,772

+ 5,480

Total assets

885,991

37,431

316,184

40,269

36,800

80,641

89,603

77,931

29,992

18,359

31,602

34,659

92,520

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1, footnotes 8 and 9.2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

4. Statement of Condition of Each Federal Reserve Bank on April 2, 2008 (continued)Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

KansasCity

Dallas

SanFrancisco

Liabilities

Federal Reserve notes outstanding

988,396

38,642

341,099

41,563

39,310

78,752

115,797

84,762

32,019

18,652

32,468

56,248

109,084

Less: notes held by F.R. Banks

208,836

6,073

59,786

8,213

8,174

14,276

35,095

14,329

4,414

2,870

3,514

25,092

27,001

Federal Reserve notes, net

779,560

32,568

281,313

33,350

31,136

64,477

80,702

70,434

27,604

15,781

28,955

31,156

82,083

Reverse repurchase agreements (1)

41,061

1,892

14,868

1,817

1,680

3,558

3,808

3,444

1,312

819

1,329

1,804

4,729

Deposits

17,840

398

8,710

769

542

1,489

1,129

818

433

489

494

614

1,956

Depository institutions

11,417

372

2,467

764

539

1,367

1,126

816

419

488

493

613

1,953

U.S. Treasury, general account

6,013

0

6,013

0

0

0

0

0

0

0

0

0

0

Foreign official

98

2

68

4

3

11

3

2

0

1

0

1

3

Other

312

23

162

0

0

111

0

0

13

0

1

0

0

Deferred availability cash items

3,849

200

0

511

600

314

291

330

95

431

264

245

568

Other liabilities and accrued

dividends (2)

3,734

174

1,126

185

194

466

377

310

153

109

131

177

332

Total liabilities

846,045

35,232

306,017

36,631

34,153

70,303

86,308

75,335

29,598

17,629

31,173

33,997

89,667

Capital

Capital paid in

19,548

1,087

4,903

1,811

1,322

5,182

1,610

1,259

181

358

198

256

1,380

Surplus

18,471

1,049

4,637

1,814

1,291

4,997

1,425

815

180

355

194

364

1,350

Other capital

1,927

63

628

14

33

158

259

521

33

17

37

42

122

Total liabilities and capital

885,991

37,431

316,184

40,269

36,800

80,641

89,603

77,931

29,992

18,359

31,602

34,659

92,520

Note: Components may not sum to totals because of rounding.

1. Cash value of agreements, which are collateralized by U.S. Treasury securities.2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

1. Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements.